Ebay isn't going to pull the bids according to this article. They are donating money to Live8 to match what fees that they get. Which I think is wrong! They should pull all bids!
Here it is (from Manchester Evening News):
PUNTERS who won Live 8 tickets in the text lottery have started
putting them up for sale on eBay.
More than 100 pairs of tickets have already appeared on the online
auction site and have attracted bids of up to £1,000.
Organisers condemned the winners' behaviour as "obscene".
The Hunter Foundation, which is helping Bob Geldof organise the
Scottish leg of the event, urged sellers to withdraw the lots
immediately and return any profits already made to Live 8.
Chief executive Ewan Hunter said: "It is obscene for anyone to profit
from Live 8.
"We would urge anyone selling Live 8 tickets on eBay, or anywhere else
for that matter, to withdraw them immediately.
"If you can't go, return your tickets to Live 8. If you see them being
sold, don't bid, we implore you.
"And if you have already sold tickets, return the profits to Live 8.
"There is a deep moral question we should all ask ourselves - Live 8
is about the 30,000 kids that died today, will die tomorrow and the
next day.
"Is that something you want to profit from or stop happening?"
Regular eBay vendor Scott Jones, of Ealing, west London, said
reselling tickets was against the spirit of Live 8 and called for eBay
to halt the auctions.
Cheesed off
"I was really cheesed off when I saw tickets being sold," said Mr
Jones, who will be at the concert after his father-in-law won tickets.
"I phoned eBay's head office in California and they really didn't give
a monkey's.
"The whole thing is not about making money, it's about raising
awareness of what's going on."
More than two million pop fans applied for tickets for the July 2 Hyde
Park show to fight African poverty featuring U2, REM, Madonna,
Coldplay and Pink Floyd.
Some of the tickets for sale on eBay had attracted what appeared to be
hoax bids of up to £10 million.
eBay said it would not stop people reselling tickets, but would make a
donation to Live 8 so the site would not profit from the sales.
A spokeswoman said: "The reselling of charity concert tickets is not
illegal under UK law, so Live 8 tickets are allowed to be resold on
eBay.co.uk.
"As we do not wish to profit from this event, we have offered to make
a donation to the Live 8 organisers at least equivalent to the fees we
collect from the sale of Live 8 tickets.
"We are allowing the tickets because we live in a free market where
people can make up their own minds about what they would like to buy
and sell.
"A ticket to the Live 8 concert is no different from a prize won in a
raffle run by another charity and what the winner chooses to do with
it is up to them.
"eBay believes it is a fundamental right for someone to be able to
sell something that is theirs, whether they paid for it or won it in a
competition."